Hello, Buffalo: What you need to know about home prices and sales |

A ‘sold’ sign outside a property on Dorchester Road.

Derek Gee/Buffalo News

Ask and Receive: What You Need to Know About Home Prices and Sales

Even though mortgage rates are rising, the local real estate market shows no signs of slowing down, reports Jonathan D. Epstein of The News.

In fact, the housing market in the Buffalo Niagara area is hotter than ever. That’s mainly because buyers are scrambling for a pool of available homes that’s near a record low.

Admittedly, local homes are still largely affordable, but less so than in previous years. Prices jumped 17% last year as nearly two-thirds of homes sold exceeded asking price fifth among all major cities in the country.

Click on the link below to learn more about what to know about local home prices and sales.

People also read…


Appeals Court Overturns Democrats’ District Lines; The June primary can be delayed: New York’s highest court has declared unconstitutional the maps of Congress and the state Senate drawn earlier this year by the state legislature, nullifying their use for the primary elections scheduled for June 28, and ordered a new date – possibly as late as August. Read more

NTSB: Witnesses heard boom before Mercy Flight helicopter crash: The Mercy Flight helicopter that crashed in a field in rural Genesee County on Tuesday, killing two veteran pilots, was traveling at an altitude of about 2,000 feet when witnesses said there was a “big boom and they saw the helicopter falling from the sky.” Read more

UB wins $4.5 million DEC grant for new plastics recycling research center: The center will include a team that will study ways to develop new markets for recyclable plastics, methods to streamline the recycling process and reduce contamination in the recycling stream, among other goals. Read more

Crescendo Lofts co-developer pleads guilty to bank fraud: The plea by Robert “Bobby” Corrao, president of Natale Development, represents an extension of the extensive investigation of Rochester real estate magnate Robert C. Morgan and three other defendants. Read more

Frantic search underway for retired K-9 police officer missing since Monday evening: Neighbors, family members and strangers have been on the hunt for Haso, a retired K-9 dog who is credited with saving many lives during his four-year career as a member. active in the Erie County Sheriff’s Office. Read more


Don Paul: Record snow outings, slow warm days: Today will be cool, but readings will hit the upper 40s. By Friday, we’ll be back in the low 50s, says Don Paul. Read more


Community Beer Works Summer Beer Playlist

As the name suggests, listen to a few tunes outside while drinking Community Beer Works’ Summer Playlist.

Courtesy of Community Beer Works

Think Spring With These 7 Light Session Beers: There are a few fruity wheat beers, lagers, creamers and a pilsner on this list, just what you need to celebrate the changing seasons in style. Read more


Rod Watson: WBFO racing inquiry removes excuse from table: The radio station’s racial equity inquiry is a timely reminder to all others that issues raised over the years have yet to be adequately addressed, Watson writes. Read more

Alan Pergament: ‘Wait, Wait’ host Peter Sagal has a lot of unusual stories to tell: Sagal comes to tonight’s performance at Shea’s with a three-person panel that will be familiar to listeners of the NPR quiz show. Read more


The contractor is planning a small boutique hotel for extended stays in Lancaster: Lucas James thinks there’s enough demand in the city of Lancaster to warrant a small Airbnb-style extended-stay hotel near Como Lake Park and the Lancaster Country Club — so much so that he’s building it himself. Read more

Carmina Wood Morris begins the transition and changes its name as part of a larger expansion: The architectural and engineering firm that has been at the center of much of Buffalo’s high-profile real estate redevelopment that involves the renovation of old buildings is undergoing its first major changes in 20 years. Read more

[Sign up for the Buffalo Next free newsletter: The News’ Buffalo Next team covers the changing Buffalo Niagara economy. Get the news in your inbox five days a week.]


Kaleida Health appoints a new CEO… and it didn’t take far to look: Matthew Drake, acting chief financial officer since November, was named to the permanent role on Wednesday, replacing Paul Belter, who retired in December after just a year in Western New York’s largest health care system. Read more


Draft Mailbag: How worried should the Bills be about Andrew Booth’s injury history? : It is finally here. The first round of the NFL Draft begins at 8 p.m. Thursday in Las Vegas. This is the culmination for the scouts of a year of work. For the average fan, this is one of the highlights of the league schedule. For mailbag writers, it’s the prospect of three long but rewarding days. Let’s focus on your draft questions for this special edition Buffalo Bills mailbag. Read more

Bills Draft Meter: Our editors rate the odds on the Bills’ first-round pick: News Bills writers Jay Skurski and Mark Gaughan release their meter reading on the likelihood of these 10 prospects being the Bills’ first-round selection. The higher the number, the more likely the player is to be drafted by the Bills. Read more


Mike Harrington: For broadcast sidekick Rob Ray, Rick Jeanneret’s latest call caps a wild ride in his second career: Beloved Buffalo Sabers executive Rob Ray had a long career here for John Muckler, Ted Nolan and Lindy Ruff. He ended his career in Ottawa under Jacques Martin. Then he enters a new life in broadcasting. And who basically became his coach? Rick Jeanneret. Ray was an audiovisual neophyte who had to polish a relationship with Jeanneret that had already lasted 15 years. At first it was not easy. But now, they’re one of the longest-serving duos in local sports broadcasting history. Read more

Amerks aces JJ Peterka and Jack Quinn named to AHL All-Rookie Team: Rochester Amerks stars JJ Peterka and Jack Quinn, the Buffalo Sabers’ top two minor league prospects, have both been named to the AHL All-Rookie Team, the league announced Wednesday. Read more


the West Side Bazaar on Grant Street attracts national attention. An article in Bon Appetit magazine credits the restaurant and small business incubator with changing hundreds of lives “as immigrants and refugees find a home for their food businesses.”

Buffalo Bike Tours has a new addition to its touring fleet – a 48-seater sightseeing party boat. Buffalo Rising Reports that the 45-foot-long vessel will be based at Erie Basin Marina.

The crews are “working hard to rebuild Whirlpool State Park stairs” in Niagara Falls, writes Joe Genco in the Niagara Gazette. It reports on the $1.4 million restoration of the lower half of the staircase. The upper half was restored in 2016.

It is unlikely that someone will call Hamburg Jeweler Ray Crinzi a slacker. The 91-year-old business owner still visits his Buffalo Street boutique every day to repair and create jewelry. He tells Mike Randall of WKBW that when he is absent from work for any period, he feels lazy.

Got ideas for the Good Morning, Buffalo newsletter? Email [email protected].

Comments are closed.